Corsair Gaming Inc (CRSR)
Debt-to-equity ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 604,303 | 667,575 | 623,838 | 568,180 | 437,390 |
Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $604,303K
= 0.00
Based on the data provided, Corsair Gaming Inc has consistently maintained a debt-to-equity ratio of 0.00 over the five-year period from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt on its balance sheet relative to its equity. This suggests that Corsair Gaming Inc relies primarily on equity financing rather than debt to fund its operations and investments. A low or zero debt-to-equity ratio may indicate financial stability, reduced financial risk, and a strong financial position, as the company is not burdened by significant debt obligations. It also reflects positively on the company's ability to generate enough internal funds to support its activities without relying heavily on external borrowing.
Peer comparison
Dec 31, 2024